How the mighty have fallen.
JPMorgan Chase has increased its litigation reserve by more than $1.5 billion in the third quarter to help cover a 'crescendo' of potential legal claims.
GFI Group has sued a former trainee broker in Singapore for allegedly e-mailing data to himself before informing the company that he planned to quit and join a rival.
Bank of America Merrill Lynch has announced that Percy Batliwalla has been named global head of Sales for Large Corporates and Financial Institutions in Global Transaction Services (GTS) at Bank of America Merrill Lynch.
JPMorgan and a major insurer have agreed to a $300m settlement to resolve accusations that they forced homeowners into over-priced property insurance and entered into kickback arrangements that inflated the policies' prices.
The big banks don't have to be split if the "right regulation" is in place, Sandy Weill, former chairman and CEO at Citigroup, told CNBC on Tuesday, a year after he shocked the financial world by calling for the breakup of the investment banking and commercial banking operations.
Toronto-Dominion Bank is ramping up its U.S. asset-management business while doubling the number of advisers for wealthy American clients in an bid to accelerate profit.
The power of one.
Deutsche Bank faces a hearing in a lawsuit by four traders fired over the lender’s role in the alleged rigging of interest benchmarks after mandated mediation failed to produce a settlement.
Morgan Stanley is asking employees to give up their right to sue the firm in class actions for civil rights violations including discrimination based on race, gender or age, according to a former employee’s lawsuit.
UBS will maintain its presence in Russia even as competitors retreat as it bets that deals will start to recover, according to the bank’s top executive for the country.
Lawyers representing former Deutsche Bank star trader Christian Bittar on Thursday accused the UK watchdog of denying him his right of reply despite publicly 'shaming' him with scant regard to protecting his identity when fining the bank.